over who is tougher on beijing. mitt romney says he'll label china currency manipulator while obama accuses him of profiting from overseas. can we -- that's not really helpful, i suppose. >> i think relations are actually deteriorating big time. >> should the u.s. revise its total commitment for japan and insist that both sides go for sort of independent arbiter on this? there's no win here for the u.s. >> but the bottom line is we'll see much more tension between the u.s. or its seeming proxies from a chinese point of view. over who owns the cash flows. but the second thing is this business about the outsourcing and the election, talking about china stealing all the jobs, how remarkable that pricewaterhouse just issued a report saying it's cheaper to make steel in the u.s. now than in china. manufacturing is moving back it to the united states unbelievably rapidly. so they can argue about currency and outsourcing, but the u.s. is the beneficiary right now. >> they're selling the wrong story. meanwhile protesters gathering in madrid, calling for the spanish government to resign. are
